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The procedure for applying financial penalties will be further liberalized

A Presidential Resolution titled “On additional measures to further liberalize the procedure for applying financial penalties and to enhance the effectiveness of judicial oversight” (No. RP-138, dated April 15, 2026) has been adopted.

⌛️ According to the Resolution, starting from October 1, 2026:

✅ a decision of an authorized body on the imposition of a financial penalty may, at the discretion of the entrepreneur, be voluntarily executed in one of the following forms:

🔹 payment of 50 percent of the fine within 1 month from the date of delivery of the decision, with exemption from payment of the remaining amount of the fine;

🔹 payment of the imposed financial penalty in equal installments over a period of 6 months;

✅ if the decision of the authorized body on the imposition of a financial penalty is cancelled or declared invalid by a court, the recovered amounts, including the financial penalty and penalty charges, shall be refunded proportionally within 15 days at the expense of the sources to which they were directed;

✅ for any amount not refunded within the specified period, interest shall be paid for each calendar day of delay at a rate equal to one three-hundredth of the Central Bank’s base rate.

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